GC Titan and PSB solidify their partnership

Today GC Titan and PSB have entered into a cooperation agreement in the field of investment projects. Chairman of the Board of Directors Mikhail Sutyaginsky and Chairman of PSB Petr Fradkov were the signers.

The agreement includes the establishment of effective and win-win co-operation between GC Titan and PSB bank.

The document defines the principles of the further partnership in various directions: current and investment activity financing, external and internal calculation system development, and consulting and information services in banking and finance. The agreement also includes participation of PSB in Titan’s projects.

“Today GC Titan is implementing a number of projects which are important for the country’s economy. In order to complete them, we need reliable financial partners. PSB is one of them. I believe the agreement will result in making decisions that are important for the implementation of mutual programs and projects. I hope such decisions will support the development of key industrial sectors and benefit the country’s interests,” Chairman of the Board of Directors Mikhail Sutyaginsky said.

“Large-scale processes are taking place in the industry of Russia. Enterprises are actively carrying out technological re-equipment, increasing production and launching new projects. The partnership under the agreement will allow the company to obtain relevant and demanded financial products, which will not only accelerate the implementation of current tasks and plans, but also create conditions for development in general. PSB has all necessary tools available for GC Titan in order to increase its potential and expand technological capabilities,” Chairman of PSB Petr Fradkov said.